Cadence President and Chief Executive Officer Lip-Bu Tan to Host Annual Meeting of Stockholders

SAN JOSE, CA — (Marketwire) — 03/23/12 — Cadence Design Systems, Inc. (NASDAQ: CDNS)Lip-Bu Tan, president and chief executive officer, Cadence Design Systems, Inc. (NASDAQ: CDNS)Lip-Bu Tan will host the Cadence Annual Meeting of Stockholders at Cadence offices located at 2655 Seely Ave., Building 10 in San Jose.The webcast will be available via on-demand at 1 p.m. PT on Friday, May 4, 2012. The presentation will be archived on the Cadence website and available for replay through 5 p.m. PT on